Wealthiest neighbourhoods in Waterloo
Laurelwood is Waterloo's wealthiest neighbourhood, with a median family income of $172,000, well above the citywide figure of $104,500. Eastbridge and Rummelhardt aren't far behind, at $162,000 and $158,000.
These high-income areas also tend to have older residents. Laurelwood's median age is 51.6, while Erbsville, also a top earner at $151,000, is younger at 39.2.
Citywide, 65.3% of homes in Waterloo are owner-occupied, and 22.2% of households spend 30% or more of their income on housing.
Waterloo on this axis
The first bar is the headline ranking metric; the rest are related axes for context. Bars are the Waterlooaggregate's percentile rank vs Ontario's 20,000+ census areas.
Top neighbourhoods in Waterloo by median after-tax family income
| Neighbourhood | median after-tax family income | Median age |
|---|---|---|
| 1. Laurelwood · Waterloo | $172,000 | 51.6 |
| 2. Eastbridge · Waterloo | $162,000 | 48.4 |
| 3. Rummelhardt · Waterloo | $158,000 | 44.8 |
| 4. Beechwood · Waterloo | $157,000 | 44.8 |
| 5. University Downs · Waterloo | $151,000 | 42.4 |
| 6. Erbsville · Waterloo | $151,000 | 39.2 |
| 7. Lakeshore Village · Waterloo | $142,000 | 51.2 |
| 8. Millennium & Cider Mill · Waterloo | $140,000 | 40.0 |
| 9. Chippendale Common · Waterloo | $138,000 | 44.0 |
| 10. Westmount & Osprey · Waterloo | $135,000 | 44.4 |
| 11. Belmont Village · Waterloo | $134,000 | 41.2 |
| 12. Westmount · Waterloo | $130,000 | 39.6 |
| 13. Westvale · Waterloo | $128,000 | 36.8 |
| 14. Clair Hills · Waterloo | $127,000 | 38.4 |
| 15. Uptown · Waterloo | $125,000 | 35.2 |
| 16. Fairfield · Waterloo | $121,000 | 41.2 |
| 17. Lake Louise & Conservation · Waterloo | $120,000 | 47.6 |
| 18. Bridgeport & Margaret · Waterloo | $110,000 | 38.8 |
| 19. Weber & Albert · Waterloo | $106,000 | 40.0 |
| 20. Mt. Hope - Huron Park · Waterloo | $105,000 | 40.4 |
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Common questions
What is the wealthiest neighbourhood in Waterloo?
Laurelwood, with a median family income of $172,000, compared to a citywide median of $104,500.
Which Waterloo neighbourhoods have the highest incomes after Laurelwood?
Eastbridge comes next at $162,000, followed by Rummelhardt at $158,000 and Beechwood at $157,000.
Do Waterloo's wealthiest neighbourhoods have older residents?
Often, yes. Laurelwood's median age is 51.6 and Eastbridge's is 48.4, though Erbsville, also a high earner, has a younger median age of 39.2.
How much do Waterloo homeowners spend on housing?
Citywide, 22.2% of households spend 30% or more of their income on housing, and 65.3% of homes are owner-occupied.